SKF India Ltd

SKF India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

SKF India Ltd

₹ 4,394 1.27%
26 May - close price
skfindia.com BSE: 500472 NSE : SKFINDIA
About

SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.[1]

Key Points

Product Portfolio
The company's product portfolio primarily consists of bearings, seals and lubrication systems. It develops solutions for its customers across automotive and industrial sectors through its 5 technology-centric platforms i.e. bearings and units, seals, mechatronics, lubrication solutions and services. [1]

Website BSE NSE
  • Market Cap ₹ 21,722 Cr.
  • Current Price ₹ 4,394
  • High / Low ₹ 5,175 / 3,112
  • Stock P/E 41.4
  • Book Value ₹ 474
  • Dividend Yield 0.91 %
  • ROCE 34.5 %
  • ROE 24.8 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 26.6%

Cons

  • Stock is trading at 9.28 times its book value
  • The company has delivered a poor sales growth of 9.37% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Bearings Industry: Bearings

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
610 301 703 819 848 694 966 967 1,039 1,055 1,078 1,077 1,095
548 302 611 638 699 580 807 844 880 871 864 893 928
Operating Profit 62 -1 92 180 148 114 160 123 159 184 215 184 167
OPM % 10% -0% 13% 22% 17% 16% 17% 13% 15% 17% 20% 17% 15%
46 15 8 9 5 6 9 16 2 9 10 13 20
Interest 2 0 1 0 0 0 1 0 1 0 0 0 0
Depreciation 15 14 15 15 14 14 12 16 15 16 17 17 17
Profit before tax 92 -0 84 174 139 106 156 123 146 176 208 180 170
Tax % 18% 24% 23% 26% 24% 25% 25% 28% 25% 27% 25% 35% 28%
Net Profit 75 -0 65 128 105 79 118 89 109 129 156 116 123
EPS in Rs 15.24 -0.05 13.15 25.91 21.21 16.00 23.80 17.98 22.14 26.13 31.54 23.56 24.85
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2,435 2,228 2,275 2,414 2,997 2,631 2,750 3,035 2,842 2,671 3,666 4,305
2,136 1,969 2,014 2,132 2,636 2,295 2,316 2,549 2,492 2,251 3,110 3,556
Operating Profit 298 258 261 281 362 336 435 486 349 420 556 749
OPM % 12% 12% 11% 12% 12% 13% 16% 16% 12% 16% 15% 17%
54 68 41 79 101 87 71 92 104 36 34 52
Interest 0 0 0 0 0 0 5 8 9 2 2 2
Depreciation 39 44 49 54 68 48 46 46 57 58 57 67
Profit before tax 314 283 253 306 394 376 455 524 387 396 531 733
Tax % 34% 33% 34% 34% 35% 35% 35% 36% 25% 25% 26% 28%
Net Profit 208 190 167 203 256 244 296 336 289 298 395 525
EPS in Rs 39.54 36.05 31.62 38.45 48.53 46.25 57.64 67.92 58.46 60.22 79.92 106.15
Dividend Payout % 19% 21% 24% 26% 31% 22% 21% 18% 222% 24% 18% 38%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: 15%
TTM: 17%
Compounded Profit Growth
10 Years: 11%
5 Years: 12%
3 Years: 26%
TTM: 33%
Stock Price CAGR
10 Years: 23%
5 Years: 20%
3 Years: 45%
1 Year: 34%
Return on Equity
10 Years: 18%
5 Years: 20%
3 Years: 22%
Last Year: 25%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
53 53 53 53 53 53 51 49 49 49 49 49
Reserves 959 1,103 1,223 1,363 1,612 1,758 1,786 1,648 1,856 1,514 1,836 2,292
0 0 0 0 65 34 85 90 22 18 16 14
496 444 420 495 419 459 522 510 542 721 727 822
Total Liabilities 1,508 1,599 1,695 1,911 2,149 2,304 2,444 2,297 2,469 2,303 2,629 3,178
318 348 376 347 298 299 293 284 352 345 402 424
CWIP 36 59 25 18 12 35 37 62 41 65 52 63
Investments 0 0 0 20 19 149 154 44 197 2 2 2
1,153 1,192 1,294 1,526 1,820 1,821 1,960 1,906 1,879 1,890 2,172 2,688
Total Assets 1,508 1,599 1,695 1,911 2,149 2,304 2,444 2,297 2,469 2,303 2,629 3,178

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
152 199 122 218 26 115 367 181 330 324 57 690
-52 -101 -165 -3 -174 147 -265 306 -154 654 -33 -45
-44 -46 -46 -93 49 -126 -225 -477 -178 -652 -78 -79
Net Cash Flow 56 52 -89 122 -99 136 -123 11 -2 326 -53 567

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 56 52 53 56 59 71 65 63 56 80 68 58
Inventory Days 65 63 65 71 65 94 92 95 92 109 110 98
Days Payable 74 68 64 82 57 68 89 72 84 135 85 86
Cash Conversion Cycle 47 47 54 46 67 97 68 86 64 54 93 69
Working Capital Days 34 37 44 44 64 90 67 71 66 61 86 59
ROCE % 34% 26% 23% 23% 25% 21% 24% 28% 19% 23% 31% 34%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58
7.75 7.24 6.53 5.31 5.11 6.45 6.37 6.33 6.47 6.36 6.48 6.51
27.79 27.36 28.11 29.20 27.90 28.73 28.54 28.26 28.56 29.02 28.97 29.09
11.89 12.82 12.79 12.92 14.42 12.24 12.52 12.84 12.39 12.05 11.98 11.81

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls